Cochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The traiCochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The train from Irugur will start on all Saturdays and the return from Cochin on all Thursdays.n from Irugur will start on all Saturdays and the return from Cochin
Category: Ports & Shipping
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Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
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Shipyard industry gets infra status
The government has granted infrastructure status to the shipyard industry in a boost to its Make in India initiative. The move is expected to bring down borrowing costs for the industry. At present, companies pay average interest of 14-15 per cent on their borrowings.
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Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.
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Paradeep Port cargo up 5percentage in Apr-Dec
Paradeep Port Trust (PPT) has recorded 5.23 per cent growth in its total cargo in April-December period of 2015-16. The port´s cargo traffic in the period rose from 52.39 million tonne (MnT) to 55.13 MnT.
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NGT slaps Rs.25 cr fine on Adani-Hazira Port
The National Green Tribunal has slapped a penalty of Rs.25 crore on Adani-Hazira Port Pvt Ltd and its associate Hajira Infrastructure Pvt Ltd for carrying out work at their Hazira-based port near Surat without acquiring environment clearance.
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Business Acumen
Karan Adani, son of Adani Group Chairman Gautam Adani, has been appointed as the CEO of Adani Ports and Special Economic Zone (APSEZ) with effect from January 1, 2016.
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Ports – Porting Ahead
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the ´Make in India´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the country´s
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Govt undertaking measures to modernise ports
With the view to boost exports, the government is undertaking several measures to modernise ports.
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Ford to export cars from Kandla port
American car maker Ford has firmed up plans to use the cost-effective sea route to reach out to the north Indian markets as well export cars to foreign countries.